Recently, sports betting has become a revenue driver in India. 46% of adults have placed at least one sports wager in 2022, and 31% of them placed at least 1 wager per week. Over 1 in 2 punters place wagers on the best betting sites in India.
Technological Advancements of the best bookmakers in India in 2023
Over the past years, technology has been transforming sports betting significantly. The advancements have shifted the way people participate in sports betting. The technology affects accessibility, data analysis, user experience, and responsible gambling to name a few.
The most significant breakthroughs in sports betting:
- Online platforms and mobile betting
- In-play betting and real-time wagering
- Data Analytics
- Artificial intelligence (AI)
- Virtual sports betting
- Blockchain technology
- Responsible gambling tools
Enhanced User Experience on the best sports betting sites in India
The emergence of numerous online platforms and mobile betting apps has changed the industry dramatically. These innovations have made betting available to a global audience. The need for physical betting shops has gone to the past. Now, anyone with a smartphone connected to the Internet can place bets on games and matches on online betting sites in Indian rupees. The growth of online betting platforms has expanded the Indian market, increasing overall betting activity and attracting new customers.
Competitive odds and offers on the best bookmakers in India
Bonuses like enhanced odds, price & odds boosts are popular in the online betting space. They allow bookies to attract new customers and are a good way for punters to make more money on betting markets.
Simply put, bonuses are great for everybody involved. The best way to take advantage of a price boost is to place the bet at one of the best bookies that offer them. There are 3 simple steps:
- Find a good price boost offer
- Place your bet
- Lay your price boost
The role of live betting
Live betting, or in-play betting, refers to events that occur after the beginning of a game. It allows punters to place bets during the game rather than before the start. The odds are changing in response to what’s happening within the game, match, or tournament.
Live betting is increasingly popular in India. After the pandemic, online betting is expected to become a real moneymaker. It’s one of the most promoted gambling in India, although it may encourage impulse betting.
Expert insights and predictions
The advancements in digital payment systems and secure transactions cause a propelling growth of the sports betting market in India. The rising virtual sports platforms, where users can win generous prizes, are also contributing to market growth. The collaborations between sports leagues and betting operators offer unique betting opportunities. Other factors such as social media influence, digital literacy, and the expanding middle-class population, are also creating a positive perspective for the market.